The 16-bit era saw a decline in the popularity of these franchises, and with no big hits, the company was forced to close in early 1996. The rights to their back catalog have moved between several publishers, including Million and Atlus, but they are today owned by Arc System Works.

Several companies were formed by former Technos Japan staff, including Almanic (later Givro) in 1992 and Avit (later Avit-Niigata) in 1996.